South32 Ltd. (OTCMKTS:SOUHY) Given Average Rating of "Hold" by Analysts

Key Points

• South32 Ltd. has received a consensus rating of "Hold" from six analysts covering the firm.
• Prominent firms including Jefferies Financial Group, Citigroup, and Goldman Sachs recently downgraded South32 from a "strong-buy" rating to "hold."
• As of the last trading session, South32 shares opened at $8.85 and have experienced a twelve-month low of $7.52 and a high of $13.04.

Shares of South32 Ltd. (OTCMKTS:SOUHY - Get Free Report) have earned an average recommendation of "Hold" from the six research firms that are covering the company, MarketBeat.com reports. Six research analysts have rated the stock with a hold rating.

SOUHY has been the topic of several recent analyst reports. Jefferies Financial Group lowered shares of South32 from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 11th. Citigroup lowered shares of South32 from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Finally, The Goldman Sachs Group lowered shares of South32 from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 7th.

South32 Stock Down 1.8%

SOUHY traded down $0.16 on Friday, hitting $8.61. 241,694 shares of the company were exchanged, compared to its average volume of 78,669. The company has a current ratio of 2.83, a quick ratio of 1.98 and a debt-to-equity ratio of 0.15. The business's fifty day moving average is $9.61 and its 200 day moving average is $9.77. South32 has a fifty-two week low of $7.52 and a fifty-two week high of $13.04.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.